A combination of slackened demand and robust production will make natural gas supplies plentiful in the Pacific Northwest until 2029 at least, Spokane, WA-based Avista Utilities recently told regulators in the three states in which it has gas and electric operations.
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Citing Slackened Drilling, El Paso Defers Filing on Blue Atlantic Pipe Project
El Paso Corp. has notified FERC that an application for its Blue Atlantic Transmission pipeline project will be delayed six months or longer due to a slowdown in the development and production of natural gas supplies off the coast of Nova Scotia.
Citing Slackened Drilling, El Paso Defers Filing on Blue Atlantic Pipe Project
El Paso Corp. has notified FERC that an application for its Blue Atlantic Transmission pipeline project will be delayed six months or longer due to a slowdown in the development and production of natural gas supplies off the coast of Nova Scotia.
Short-Covering Boosts Futures in Another Friday Rally
Historically, the end of the week has meant slackened gasdemand, but for the sixth consecutive Friday natural gas futureswere able to tack on gains. Revised weather forecasts for this weekand continued concerns over supply shortages gave rise to lightshort-covering throughout the trading session Friday. The Julycontract finished up 2.3 cents at $2.308 amid a moderate volume of64,873.